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20130124
20130124
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about revenue, cuts, whatever it may be if president obama floats chain cpi like he did before, that's reindexing down -- >> he won't do it. >> he did it before. >> he did it for ten minutes and then his budget director and chief of staff, jack lew, who is going to the treasury department, who is not qualified to that position just backed out. he caved in to the left wing of the democratic party in the senate. i think that's a good divisive issue for republicans. that's how they divide democrats. we have a couple of them, on guns and entitlements. i don't know what got into boehner today. he's too pessimistic. >> i think he's a realist. he famously told harry reid to go and do something that we can't say on the air during the fiscal cliff talks. so, no, the speaker is in high spirits and heeps got a -- he's got a lot more support today -- >> where is this annihilation talk today? >> larry, usually when you no longer have the prospect of a reelection, you become less partisan. he's just trying to nullify his base and check the boxes of those who helped him cross the finish line pip wo
and seems to be laying down the gauntlet for the next fight with president obama so we look forward to some very high-profile interviews coming up. >> and guess what our stock of the day is, yeah, you guessed it. it's apple. that stock is down nearly 11%, nearly 12% right now. first gets worse for the iconic company. overdone, a little overexaggerated, all this selling and how much of this has to do with the loss of steve jobs? >> we'll keep an eye on that for you. keep an eye on the major averages. here's how we stand. the dow was up about 100 points at that peak there. then we started to move lower, and you started to get sweaty palms among bulls. what does this mean? if we close lower, that might not be good. started coming back and now a gain of 44 points. another one of those days where any positive close is another five-year high for the trials going back to the fall of 2010. we're at 13,823. the nasdaq though is going the other direction. blame apple which is 13% of the nasdaq these days. it's down 24 points, the nasdaq is at 3129, and the s&p is up. nope, now it is lower. we're down
to get in or not. sue, down to you. >> thanks, guyes. president obama will nominate mary joe white to lead securities and exchange commission. he will do that later today. ms. white has broad experience, prosecuting white collar crimes. she was u.s. attorney in new york's southern district for a decade and she prosecuted the terrorist in the first world trade center attack in 1993. "street signs" will have that announcement coming up live in the next hour. ty? >> all right, sue. we are starting a brand new segment on "power lunch" today. we will go market to market across the country to see what for sale. what's tempting, like this big one here. and how far your money will go. well talk with real real estate brokers on the ground. well tell you where that house is, what it is going for, and we will show you it, later on "power lunch." ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> welcome back to "power lunch." i'm bertha coombs and we have a lot of retailers looking good. bed bath and b
Search Results 0 to 2 of about 3